International Energy Agency. 2013. Developing a Natural Gas Trading Hub in Asia.
The trading of natural gas in the Asia-Pacific region is dominated by long-term contracts in which the price of gas is indexed to that of oil. As the price of gas between Asia and other parts of the world has widened in recent years, observers have raised serious doubts about the sustainability of this pricing model. In this report, the IEA shows what it would take to create a functional, regional natural-gas trading hub in which prices reflect the local supply and demand fundamentals. The report aims to provide stakeholders with insights on the changes that are required in the Asia-Pacific natural gas sector - both downstream and upstream - to allow a competitive natural gas price to emerge. Building on OECD Europe and OECD America experiences, this report sets out to assess perspectives for these changes in the Asia-Pacific natural gas markets. It identifies obstacles and opportunities for a competitive natural gas price in the Asian economies to emerge. This publication is available at: http://www.iea.org/publications/freepublications/publication/ AsianGasHub_FINAL_WEB.pdf
International Energy Agency, 2012. Electricity in a Climate-Constrained World.
After experiencing a historic drop in 2009, electricity generation reached a record high in 2010, confirming the close linkage between economic growth and electricity usage. Unfortunately, CO2 emissions from electricity have also resumed their growth: Electricity remains the singlelargest source of CO2 emissions from energy, with 11.7 billion tonnes of CO2 released in 2010. The imperative to “decarbonise” electricity and improve end-use efficiency remains essential to the global fight against climate change.
The IEA’s Electricity in a Climate-Constrained World provides an authoritative resource on progress to date in this area, including statistics related to CO2 and the electricity sector across ten regions of the world (supply, end-use and capacity additions). It also presents topical analyses on the challenge of rapidly curbing CO2 emissions from electricity. Looking at policy instruments, it focuses on emissions trading in China, using energy efficiency to manage electricity supply crises and combining policy instruments for effective CO2 reductions. On regulatory issues, it asks whether deregulation can deliver decarbonisation and assesses the role of state-owned enterprises in emerging economies. And from technology perspectives, it explores the rise of new end-uses, the role of electricity storage, biomass use in Brazil, and the potential of carbon capture and storage for ‘negative emissions’ electricity supply. This publication is available at: http://www.iea.org/w/bookshop/add.aspx?id=445
World Energy Council. December 2012. World Energy Trilemma 2012: Time to Get Real – The Case for Sustainable Energy Policies.
This report was published to assist policymakers and the energy industry with pressing forward sustainable energy systems. Based on interviews with more than 40 industry CEOs and senior executives from across the global energy sector, this report aims to provide policymakers with the energy industry’s views on what is needed from policies in order to meet the challenges of the Energy Trilemma: energy security, social equity and environmental impact mitigation. This report is available at: http://www.worldenergy.org/publications/2012/world-energytrilemma-2012
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